Tablets and smartphones: More factory revenue than all other consumer electronics combined

What does this mean for us that like our computer notebooks?


Perhaps the Consumer Electronics Association should rename itself because smartphones and tablets now dominate the CE market. Here’s a telling prediction to support that: Global factory revenues for smartphones and tablets this year are forecast by IHS to exceed $354 billion.

The rest of the consumer electronics market? IHS says $344 billion, marking the first time revenues from smartphones and tablets will exceed the remainder of all other CE products.

IHS revealed its historical and forecast data on Friday, which shows amazing growth for tablet and smartphone revenues in a short time. That’s thanks to the fast uptake of both products, particularly since the iPhone’s(s aapl) introduction in 2007 when CE revenues were nearly nine times greater than that of smartphones and tablets. Here’s a graph of the data to illustrate:

ihs ce market

You can see that the market for consumer electronics — IHS includes “televisions, audio equipment, cameras and camcorders, video…

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